Funding you earn now, next payment 02:00 UTC−0.0038%/8h= −4.1% APRpaid last 24h +0.102%
Price spread now: Bitget against Kraken Futures−0.126%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$770.767% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 3 days (all we have)−0.563%−$56 · spread now −0.126%, 7d avg −0.083%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.043% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.083%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_APTUSD | 0.7775 | 0.0138 | pay 0.0017% / 1h | 31m 51s | $530K | $643K | 50x |
| Short | Bitget APTUSDT | 0.7765 | 0.0100 | get 0.0100% / 8h | 6h 31m | $8.7M | $12.8M | 75x |
Kraken Futures PF_APTUSD
Bitget APTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.88
- Price spread: −0.126% → −0.083%
- −$4.31
- Slippage, 4 orders
- −$54.67
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88.86
- Costs to cover
- 0.767%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 36 min ago; Bitget: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 36 min ago | 10.72 bp | 27.7 bp −$28 | 94.5 bp −$945 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.29 bp | 10.7 bp −$11 | 28.4 bp −$284 | 90.1 bp −$9,011 | doesn't fit |
APT on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) APT/USD | L −0.0004% / S +0.0005% | 1h | 0.7776 | +0.016% | $21K | — | 150x | as long as short |
| Orderly PERP_APT_USDC | −0.0001% | 8h | 0.7779 | +0.054% | $10K | $7K | 10x | as long as short |
| Variational Omni APT | +0.0003% | 8h | 0.7738 | −0.469% | $501K | $331K | — | as long as short |
| Deribit APT_USDC-PERPETUAL | +0.0007% | 1h | 0.7780 | +0.067% | $12K | $418K | 50x | as long as short |
| dYdX APT-USD | +0.0025% | 1h | 0.7769 | −0.077% | $54K | $6K | 10x | as long as short |
| Injective APT/USDC PERP | +0.0033% | 1h | 0.7780 | +0.067% | $2K | $240K | 12x | as long as short |
| Lighter APT | +0.0096% | 1h | 0.7769 | −0.074% | $416K | $407K | 10x | as long as short |
| Hyperliquid APT | +0.0100% | 1h | 0.7771 | −0.049% | $5.6M | $6.1M | 10x | as long as short |
| Aster APTUSDT | +0.0100% | 8h | 0.7771 | −0.054% | $118K | $932K | 20x | as long as short |
| Binance APTUSDT | +0.0100% | 8h | 0.7772 | −0.041% | $28.7M | $106.2M | 75x | as long as short |
gTrade (Gains Network) APT/USD
Orderly PERP_APT_USDC
Variational Omni APT
Deribit APT_USDC-PERPETUAL
dYdX APT-USD
Injective APT/USDC PERP
Lighter APT
Hyperliquid APT
Aster APTUSDT
Binance APTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit APTUSDT | +0.0100% | 8h | 0.7765 | −0.126% | $28.2M | $38.1M | 50x | as long as short |
| OKX APT-USDT-SWAP | +0.0100% | 8h | 0.7763 | −0.151% | $5.8M | $25.0M | 50x | as long as short |
| Gate APT_USDT | +0.0100% | 8h | 0.7771 | −0.049% | $2.7M | $4.9M | 75x | as long as short |
| MEXC APT_USDT | +0.0100% | 8h | 0.7767 | −0.100% | $29.6M | $15.4M | 200x | as long as short |
| KuCoin APTUSDTM | +0.0100% | 8h | 0.7776 | +0.016% | $5.4M | $12.2M | 50x | as long as short |
| Bitget APTUSDTshort | +0.0100% | 8h | 0.7765 | −0.126% | $8.7M | $12.8M | 75x | |
| BingX APT-USDC | +0.0100% | 8h | 0.7771 | −0.049% | — | $6.5M | — | as long as short |
| Backpack APT_USDC_PERP | +0.0100% | 1h | 0.7781 | +0.080% | $193K | $391K | 20x | as long as short |
| ApeX Omni APTUSDT | +0.0100% | 1h | 0.7740 | −0.447% | $63K | $576K | 50x | as long as short |
| SunX APT-USDT | +0.0100% | 8h | 0.7765 | −0.126% | $6K | $1.5M | 20x | as long as short |
| SoDEX APT-USD | +0.0100% | 1h | 0.7776 | +0.016% | $54 | $6K | 5x | as long as short |
| HTX APT-USDT | +0.0100% | 8h | 0.7775 | +0.003% | $261K | $126K | 50x | as long as short |
| Extended APT-USD | +0.0104% | 1h | 0.7765 | −0.123% | $84K | $486K | 25x | as long as short |
| Aevo APT-PERP | +0.0104% | 1h | 0.7779 | +0.055% | $29K | $5K | 3x | as long as short |
| Kraken Futures PF_APTUSDlong | +0.0138% | 1h | 0.7775 | long leg | $530K | $643K | 50x | |
| GMX APT/USD [ETH-USDC] | L +0.0190% / S −0.0143% | 1h | 0.7775 | 0.000% | $17K | — | 100x | as long as short |
| Coinbase International APT-PERP-INTX | +0.0272% | 1h | 0.7770 | −0.061% | $204K | $535K | 50x | as long as short |
| Reya APTRUSDPERP | +0.0478% | 1h | 0.7777 | +0.027% | $3K | — | 20x | as long as short |
| 01 Exchange APTUSD | +0.2696% | 1h | 0.7809 | +0.440% | $2K | — | 5x | as long as short |
Bybit APTUSDT
OKX APT-USDT-SWAP
Gate APT_USDT
MEXC APT_USDT
KuCoin APTUSDTM
BingX APT-USDC
Backpack APT_USDC_PERP
ApeX Omni APTUSDT
SunX APT-USDT
SoDEX APT-USD
HTX APT-USDT
Extended APT-USD
Aevo APT-PERP
GMX APT/USD [ETH-USDC]
Coinbase International APT-PERP-INTX
Reya APTRUSDPERP
01 Exchange APTUSD